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Course Overview

Course Synopsis

A constant challenge facing all managers regardless of the type or profit motivation of the organization is controlling the cost of products and services. This course provides students the opportunity to apply various current cost control techniques, including activity-based management, contribution margin, standard costing, the balanced scorecard, and linear programming to a diverse group of scenarios and short cases in different types of organizations.

Course Learning Outcomes

At the end of this course students are expected to be able to:

Appreciate the role of cost control in the organizations

Acquire knowledge and understanding of the key techniques in cost control process

Acquire the ability to conduct cost analysis and provide reports on costs for different product or services

Apply Quantitative techniques in cost accounting to support decision-making

Provide students with a firm foundations for further studies and research in costing